We have good news for all project participants who speak Chinese. Now white paper is available for you too. Recently our team has finished translating this important document into Chinese. You can find it by the link:

Especially for those who do not have the opportunity to come to a meeting with our speakers, we continue to make online broadcasts. This time it will be held by the speaker Mrs. Diane Jordan. This event will be held on the March 19th at 19:00 - 22:00 UTC + 07.

Member of our room in Indonesia Mr. Purnomo continues to conduct training events, on which he talks about various aspects of working with OctoinCoin. The next such meeting will be held on March 21 at 18:00 - 21:00 UTC + 07 in Tulungagung Istana Hotel (Jalan KH Agus Salim No 73-75, Kenayan, Kec. Tulungagung, Kabupaten Tulungagung, Jawa Timur 66212).

Our team reports on the addition of OctoinCoin to the list of supported cryptocurrency on the large-scale Chinese site Feixiaohao. Following the link, you will be able to find out a lot of detailed information about the current status of our cryptocurrency https://www.feixiaohao.com/currencies/octoin-coin/. There you can see information about the capitalization, the current rate of the currency, the fluctuations of the exchange rate for different time intervals, and so on.

Especially for those who do not have the opportunity to come to a meeting with our speakers, we continue to make online webinars. This time it will be held by the speaker Mr. Panji Samudro. The webinar will be held on the 17th of March at 19:30 - 20:30 UTC + 07.

Leaders of Octoin Indonesia launched a mega project to release OctoinCoin on the most popular Indonesian exchange Bitcoin.co.id (INDODAX). Right now, the release of OctoinCoin on INDODAX depends on you!

The sphere of crypto-currencies is developing, and we are progressing along with it. Our team from Indonesia provided information about the past conference in Malang. It was there on February 24 that the leaders held an event dedicated to blockchain technology.

Indonesian media continues to pay close attention to the Octoin project which is growing, developing and expanding its geography. Three major Indonesian media published their materials at the same time about the OctoinCoin cryptocurrency which is actively conquering new countries and new users.

In the modern world, it is more important than ever to receive the most reliable information in a timely manner. This is especially true of the sphere of crypto-currency and blockchain, as it is progressing very fast. In this regard, people need the most current data on various crypto-currencies.

We are pleased to announce a major conference in Indonesia. It will be held on March 17 at 14:30 - 17:30 UTC + 08 at the Zenith Hotel (Jl. Malik Raya No.20, Korumba, Mandonga, Kota Kendari, Sulawesi Tenggara 93111) Speakers: Mr. Mirwan & Mrs. Warni Dzakya

Dear participants of the project Octoin,
Our cryptocurrency has appeared on one of the largest and most famous websites that specialize in listing and preserving data on all major cryptocurrencies. On it you can follow and learn the latest information about the capitalization, price, sales volumes and fluctuations of the exchange rate of OctoinCoin and other cryptocurrencies. A handy toolkit allows you to do it quickly and without any problems with downloads and interface.

The main technological feature is the use of the scrypt function as a hashing algorithm and a POS generation system.
Proof-of-stake (PoS) - a method of protection in crypto currencies, based on the need to prove the storage of a certain amount of funds on the account. When using this method, the algorithm of crypto currency is more likely to choose an account with a large amount of funds in the account to confirm the next block in the chain.
In other words, the blocks are signed by the nodes of the stakes (the owners of the shares). The probability of signing the block increases depending on the size of the stake. Therefore, the crypto currency is resistant to most attacks to which POW systems are vulnerable. In addition, coin self-organization will be carried out through mining, where a direct stimulus to the support of the network will be the issue of new coins.
Another not unimportant advantage is that the OCC mining technology does not require the cost of power supply for storage and processing of colossal databases serviced by huge mining farms.
OCC Mining is more energy efficient!

Security

OCC uses several cryptographic algorithms to ensure the security of its users:
The first of these is ECDSA, a public key encryption algorithm that is associated with every coin in a system using a public key, private key and signature, so that each node of the network host can verify the coin's identity.
The second is the already known encryption algorithm SHA-256 and is considered the gold standard in most crypto currency in the world.

SegWit

Thanks to the use of SegWit, which implements approximately fourfold increase in the block size. Each block in the OCC will be generated in 2.5 minutes versus 10 minutes in cryptothermics based on POW.Capacity without the use of Lightning Network 7 - 10 transactions per second.Capacity with the use of Lightning Network technology is more than 100 transactions per second.

Lightning Network

LN technology gives OCC a number of excellent features, one of them is an unlimited number of transactions processed almost free of charge in the so-called payment channel. The Lightning Network protocol also allows you to calculate the network commission only when the channel is closed (for example, at the end of the day or month). This fundamental feature is difficult to overestimate, as it will several times increase the efficiency of using the capacity of the blockchain network.The implementation of Lightning Network is a priority task, which will go into development immediately after the launch of the blocking system and the release of all major purses.

Development of the SDK and API

We understand that no online business can exist today without a clear and stable use case. We will prepare and provide a complete package of integration solutions designed for the most popular online systems that exist today, as well as provide you with clear and simple documentation.

OCCode

This is the possibility of cold storage and transfer of coins through code. This is a convenient and safe method of transferring coins to a user who may not even have a purse at the time of receiving coins. After receiving and activating the code, the user replenishes his balance for the amount of OCC mortgaged during the creation of OCCode.

Anonymity

Each user is allowed to create an unlimited number of addresses. The lack of administrative management and peer-to-peer status makes private or government regulation of the system impossible.